Global Cleantech 100 Index: Israel “the stand-out country”

Oct. 24, 2012

The prestigious research firm Cleantech Group has just published its fourth annual Global Cleantech 100 list, which lists the upcoming private companies to watch in the global cleantech arena. Israel, which ranked as the #2 country in the 2012 Global Cleantech Innovation Index, is in a unique leadership position, with companies that are both innovative and market-minded.

The Cleantech Group refer to their most recent report as their annual “barometer reading” of the global innovation community’s shifting views on which companies, and which types of companies, are most likely to have big commercial impact in a 5-10 year timeframe. If Israel was recognized in previous reports, this report solidifies its strength in the global cleantech market. One of the “headlines” of the report cites that “…when looking at the concentration of companies per $trn of GDP, Israel is the stand-out country.”

“Israel’s strong technology and entrepreneurial culture is well-regarded across the cleantech world. And its strong local innovation ecosystem, supported by the consistent presence of a governmental program like Israel NewTech, looks set to bring forward more promising cleantech start-ups in the future,” commented Richard Youngman, Cleantech Group MD for Europe and Asia and co-author or both the Global Cleantech 100 and the Global Cleantech Innovation Index.

Israel is one of only 13 countries which made the cut of the 2012 Global Cleantech 100 list this year, and has 6 companies on the list, 2 more than in 2011. The companies are: Cellera, Emefcy, Kaiima, Panoramic Power, Takadu, and TIGI. To this impressive list can be added BrightSource and SolarEdge, which are listed as U.S. companies but have their technological roots in Israel.